Cheap Apartments for Rent in the Downtown Morristown Neighborhood of Morristown, NJ from $1,100 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Morristown area of Morristown.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 10 Ford Ave

$2,250 - $3,250

1 To 2 Bedroom Rentals

Available Now

10 Ford Ave

MorristownNJ07960

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 320 South St

$2,300 - $2,500

1 Bedroom Rentals

Available Now

320 South St

MorristownNJ07960

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 173 Morris St

$2,600 - $3,800

1 To 2 Bedroom Rentals

Available Now

173 Morris St

MorristownNJ07960
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16 Washington St
2 Bedroom Apartments

16 Washington St

16 Washington StMorristown, NJ 07960
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Alister Morristown
1 to 2 Bedroom Apartments

Alister Morristown

1 Washington AveMorristown, NJ 07960

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 320 South St

$2,500

1 Bedroom, 1 Bath Home for Rent

Available Now

320 South St

MorristownNJ07960
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Max on Morris
Studio to 2 Bedroom Apartments

Max on Morris

175 Morris StMorristown, NJ 07960
Showing Results 1-30, Page 1 of 1

Downtown Morristown, Morristown, NJ Local Guide

Cheapest Available Downtown Morristown Apartments for Rent

 

The cheapest available apartment rental in the Downtown Morristown area of Morristown, NJ is a Studio unit found at Heritage House priced from $2,150. Franklin Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,150. Here are the most affordable Downtown Morristown apartments for rent in Morristown, NJ:

Apartment ListingModel NameBed/BathPriced From
Heritage HouseSTUDIO 03Studio,1BA$2,150
Franklin Manor Apartments1BR/1BA1BR,1BA$2,150
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$2,195
Washington Park Terrace1 Bedroom1BR,1BA$2,275
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,275
Hamilton Court ApartmentsONE BEDROOM1BR,1BA$2,435
Morris Crossing Townhouses1 Bedroom Deluxe LG1BR,1BA$2,508
Modera 55A051BR,1BA$2,520
Blair HouseONE BEDROOM. 1.5 BATH1BR,1BA$2,575
The Carlton1 bedroom 1 bathroom1BR,1BA$2,595

Best Value Apartments for Rent in Downtown Morristown, NJ

As of February 09, 2026 the best value apartment in the Downtown Morristown area is the $2.21 price per square foot Three Bed Model at Carriage House in the in the Downtown Morristown neighborhood starting from $3,885. The second greatest value Downtown Morristown apartment is the Eisenhower Model at The Monroe starting at $3,569 with a $2.67 price per square foot in the Downtown Morristown neighborhood. Here is today’s list of the best values for Downtown Morristown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage HouseThree Bed3BR,2.5BA$2.21
The MonroeEisenhower2BR,2BA$2.67
Morristown Gateway ApartmentsTwo Bedroom Standard2BR,2BA$2.90
LAFAYETTE COURT L.L.C.LAFAYETTE2BR,2BA$3.00
The Carlton1 bedroom 1 bathroom1BR,1BA$2.36
Blair HouseONE BEDROOM. 1.5 BATH1BR,1.5BA$2.42
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
Morris Crossing Townhouses1 Bedroom Deluxe LG1BR,1BA$2.95
Beverly GardensDeluxe 2 Bed 1 Bath2BR,1BA$3.53
Franklin Manor Apartments1BR/1BA1BR,1BA$3.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Morristown, Morristown, NJ

Ranked #1

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Morristown Apartments

How much is rent for a Cheap One Bedroom Downtown Morristown Apartment?

The lowest price for a Cheap One Bedroom Downtown Morristown Apartment is $2,150 at Franklin Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Morristown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Morristown is starting from $2,550 at Franklin Manor Apartments.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.